Common carbon HR coil prices have risen by RMB 220/mt ($32/mt) compared with the prices for May, while SPHC coil prices are up RMB 250/mt ($37/mt). Following the adjustment, the new price of 5.75 mm x 1,500 mm x C Q235B is at RMB 3,500/mt ($513/mt), while that of 2.0 mm x 1,250 mm x C SPHC stands at RMB 4,000/mt ($587/mt).
Above prices, which include 17 percent VAT, will be in effect for the whole month of June.
$1 = RMB 6.82